Mashreq Bank to Win Twice at EMEA Finance Middle East Banking Awards
Mashreq Bank, the UAE’s leading financial institution, was honored twice at the 2017 EMEA Finance Middle East Banking Awards. …
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Saudi Aramco international listing looks increasingly difficult, say sources
Saudi Arabia is increasingly looking to just float oil giant Saudi Aramco locally as plans for an initial public offering…
Dubai Property Rebound Fails to Materialise
Four months after rejecting a broker’s advice to slash his rent demands on a new Spanish-style villa in Dubai, the…
UAE banks ban buying of crypto-currencies with credit cards
Banks in the UAE have decided that they would not allow purchase of cryptocurrencies through credit cards and also not…
Qatar National Bank Seeks to Increase Foreign Ownership
Middle East’s biggest bank, Qatar National Bank (QNB), is seeking to almost double its foreign ownership limit to 49 percent…
Dubai’s tighter off-plan rules: the good and the bad
When the Dubai Land Department announced last month more stringent regulations for new real estate projects, it could have easily…
ACC quizzes three AB Bank officials
The Anti-Corruption Commission has quizzed three high officials of the AB Bank yesterday over allegations of embezzling Tk 165 crore…
Global property investment hits record high thanks to Asian spending spree
Global investment in real estate reached a new record high of $1.62 trillion (£1.17 trillion) in 2017, with Asian money…
Private Equity Funds Year-in-Review – A Lookback at 2017 and the Outlook for 2018: International Private Equity Funds
With the accelerating growth in the global economy generally through 2017 and into 1Q 2018 — including tightening restrictions in…
First Abu Dhabi Bank adopts Accuity to strengthen screening processes
First Abu Dhabi Bank has deployed Accuity, a global provider of risk and compliance, payments and know-your-customer solutions, for integrated…
UAE, Botswana explore investment opportunities
Senior officials from the UAE and Botswana recently discussed ways to further strengthen bilateral relations between the countries by developing…
DAMAC Properties: Hussain Sajwani’s Secret Behind Living the Luxury
Purchasing a property in Dubai is more than just acquiring a property– it’s a form of investment, especially for those…